Rockhood
$750,000List price
2 bed · 1 bath · 1,298 sq ft
Active

5119 38th Ave. NW · Gig Harbor, WA 98335

Source: NWMLS · Paramount Real Estate Group · Randy Knapp #NWM2509363

About this home

Rare opportunity to own two contiguous parcels totaling 3.25 acres in a prime, close-in location within the city limits of Gig Harbor, WA. This mostly level acreage offers exceptional flexibility—build your custom dream home, create a private estate, or explore investment potential in an area where larger parcels are increasingly hard to find. Included is a nostalgic 1935 vintage home, offering 2 bedrooms and 1 bath, and brimming with potential. Restore its classic charm, use it as a temporary residence while you build, or reimagine the space entirely. The contiguous parcel expands your vision, providing room for gardens, outdoor living, or future possibilities. Ideally located just minutes from historic downtown Gig Harbor and its vibrant waterfront, this property places you near scenic parks, top-rated schools, charming restaurants, and everyday conveniences. Enjoy the perfect balance of peaceful surroundings and easy accessibility. Commuters will appreciate the quick drive to Hwy 16 and nearby shopping, including Costco and Target. Held in the same family for decades, this property is rich with history and ready for its next chapter. Opportunities like this—combining acreage, location, and legacy—are increasingly rare in one of the Pacific Northwest’s most beloved waterfront communities.

Location

Basics

Property type
Single Family Residence
Style
Craftsman
Stories
One and one half
Condition
Fair
Year built
1935 (renovated 1977)
Lot size
141,569 sq ft (3.25 acres)
County
Pierce
MLS #
NWM2509363

Interior

Heating
Forced Air
Cooling
None
Flooring
Vinyl, Carpet
Appliances
Dryer, Washer
Fireplace
1 · Wood Burning
Interior features
Dining Room, Fireplace, Water Heater
Entry level
Main

Exterior & lot

Exterior features
Wood
Roof
Composition
Foundation
Poured Concrete
View
Territorial
Waterfront
No

Parking

Parking features
Driveway

Utilities

Water
Public
Sewer
Septic Tank
Power
Electric, Oil, Wood

Community & fees

Subdivision
Midway
Property tax
$7,105 (2026)

Transaction

Original list price
$850,000 (11.8% price cut)
Listed on
Apr 19, 2026
Days on market
154
Price per sq ft
$578
Listing terms
Cash, Conventional
Possession
Closing

More homes nearby

Schools

School district: Peninsula

Elementary
Harbor Heights Elem
Middle
Goodman Mid
High
Gig Harbor High
SchoolDigger 4 stars · Top 11% in WA

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Listing provided courtesy of: Paramount Real Estate Group

Listing agent: Randy Knapp.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-27.